Six U.S. Merchants under Attack

Jan 29, 2014

It has recently been exposed by a cybercrime firm that six additional attacks on U.S. merchants have been made using the same software that was used in the Target Corp data theft. The merchant’s credit card processing systems are how the information has been stolen.

The theft was brought to the attention of law enforcement as well as Visa Inc. and intelligence teams of several large banks by IntelCrawler, a cybersecurity firm. While it was reported that payment card data was obtained, the amount is unknown.

These findings are a sign that Target Inc. and Neiman Marcus are only the first in a major assault on U.S. retail customer data security. iSIGHT Partners, private security intelligence, and the U.S. government issued a warning to merchants as well as financial service firms that Black POS software was being used in the security breach at Target and was also used in several other retailers. However, they didn’t release how many were affected or who the victims were.

Customers that are victims of fraud that is tied in with the breach are being issued ‘zero liability and will be credited for fraudulent charges on their accounts. Any debit card theft however could cause a bank account, mutual fund or any other type of cash account to be drained by thieves. Rosetta Jones, spokeswoman for Visa stated, “Our rules say five days, but most consumers get (their money) back within 24 hours.”

One solution that these retailers should consider is the use of a high-risk merchant account which would help reduce the risk of fraudulent activity. This type of account will protect the bank the merchant is using to process credit cards.

Using a high-risk merchant account also helps to set up secure merchant services for credit cards which can be beneficial in protection against the recent security breach the U.S. retailers have been experiencing.

For more information click below to get approved for a safe High-Risk Merchant Account TODAY!


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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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